News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Andrew Knight / BUILDER / September 24, 2013
Building information modeling (BIM) is slowly changing the way building projects are approached, however it has yet to catch fire in the home building industry. Here are a few of the holdups.
There isn’t a ton of BIM expertise out there—especially in the home building sector. It is a relatively new technology and can be complicated to grasp, so there tends to be a natural reluctance to take BIM on.
2. Software Cost
The upfront costs for hardware, software, training, and implementation can be pretty hefty. Six digits hefty. This perceived cost and risk of spending money beforeRead More
John McManus / BIG BUILDER / September 20, 2013
Even as another round of bids is expected within the next two weeks for the prized five-company home building operation–Weyerhaeuser Real Estate Company–word from industry insiders is that a company has emerged with an inside track on a deal.
Brookfield Residential, whose parent company Brookfield Asset Management Inc. sold it Longview Timber holdings to Weyerhaeuser Co. for $2.65 billion, including assumption of debt, may turn around and use proceeds to acquire Weyerhaeuser’s home building operations, using a seldom-used deal structure that would spare the sellerRead More
Robert Denk / NAHB / September 19, 2013
Are home builders more confident than they should be? There has been some discussion suggesting that the relationship between the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) and single family housing starts is broken, or at least strained lately. Let’s take a look.
The HMI and starts track together well, no question. But they don’t move in lockstep, that’s clear throughout their history. So how much and when should they differ?
The gap between the HMI and starts appears widest at turning points and throughout the most recent boom/bust/recovery cycle.Read More
John Caulfield / BUILDER / September 17, 2013
GE envisions (mostly) current technology applied to changing social and living needs.
Today’s visions of the home of the future often center on coupling smartphone and personal sensor technology with security.
“It’s about the home knowing where you are,” says Yves Behar, founder and principal designer for Fuseproject, an industrial design and brand development firm in San Francisco. In an interview with Dezeen magazine, Behar envisioned wristband sensors that can activate lights, the HVAC system, and appliances as an owner gets closer to his or her house.
Just how intimatelyRead More
Kris Hudson / The Wall Street Journal / September 18, 2013
Home builders got a double boost on Wednesday from a report of resilient construction of single-family homes in August and the Federal Reserve’s decision to continue efforts to boost the economy and keep interest rates low.
Still, many housing-market observers see signs of a continued slowdown in price increases for new homes and possibly for new-home sales as well.
The Fed’s decision Wednesday afternoon to maintain its quantitative easing program for keeping interest rates low helped push the Dow Jones U.S. Home Construction Total Return Index to a 5.9% gain by the end of Wednesday.Read More